U.S. stocks closed higher on Wednesday, with the Dow Jones gaining more than 400 points. Here is the list of some big stocks moving higher in the previous session.
- Ping Identity Holding Corp. (NYSE:PING) shares jumped 60.7% to close at $28.08 after the company announced it will be acquired by Thoma Bravo for $28.50 per share in cash. Ping Identity also posted a Q2 loss of $0.34 per share.
- Alnylam Pharmaceuticals, Inc. (NASDAQ:ALNY) surged 49.3% to settle at $212.01 after the company announced the results from its APOLLO-B Phase 3 study of patisiran met the primary endpoint and also met the first secondary endpoint.
- Tupperware Brands Corporation (NYSE:TUP) surged 32.4% to close at $9.53 after the company reported better-than-expected Q2 results.
- SoFi Technologies, Inc. (NASDAQ:SOFI) climbed 28.4% to close at $8.23 after the company reported better-than-expected Q2 results and raised FY22 guidance.
- Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) gained 23.7% to settle at $17.53. Morgan Stanley maintained Rhythm Pharmaceuticals with an Equal-Weight and raised the price target from $8 to $16.
- Coinbase Global, Inc. (NASDAQ:COIN) jumped 20.2% to close at $80.81.
- Clearwater Paper Corporation (NYSE:CLW) gained 19.3% to close at $41.51 following strong quarterly sales.
- Alteryx, Inc. (NYSE:AYX) climbed 19% to close at $60.20 following strong Q2 results.
- Moderna, Inc. (NASDAQ:MRNA) jumped 16% to close at $186.49 after the company reported better-than-expected Q2 EPS and sales results and announced a $3 billion buyback.
- Globalstar, Inc. (NASDAQ:GSAT) rose 15% to settle at $1.61.
- Unum Group (NYSE:UNM) gained 14.6% to settle at $35.93 after the company reported better-than-expected Q2 EPS and sales results.
- Upstart Holdings, Inc. (NASDAQ:UPST) gained 14.2% to close at $29.06.
- Herbalife Nutrition Ltd. (NYSE:HLF) jumped 13.6% to close at $27.50 following Q2 results.
- Sprout Social, Inc. (NASDAQ:SPT) gained 13.3% to settle at $58.91 after the company reported better-than-expected Q2 EPS and sales results.
- Affirm Holdings, Inc. (NASDAQ:AFRM) jumped 13.3% to close at $31.89 amid strength in the broader payments space following strong quarterly results from PayPal.
- MicroStrategy Incorporated (NASDAQ:MSTR) surged 12.7% to settle at $313.68 after the company reported Q2 results and announced a CEO change.
- Camping World Holdings, Inc. (NYSE:CWH) gained 12.5% to close at $29.84 after the company reported better-than-expected Q2 EPS and sales results.
- PagSeguro Digital Ltd. (NYSE:PAGS) surged 12.4% to close at $12.23.
- Wayfair Inc. (NYSE:W) gained 12.2% to settle at $64.44.
- Asana, Inc. (NYSE:ASAN) surged 12.2% to close at $23.14.
- Autohome Inc. (NYSE:ATHM) rose 11.7% to settle at $39.74 after the company reported better-than-expected Q2 sales results.
- Robinhood Markets, Inc. (NASDAQ:HOOD) jumped 11.7% to settle at $10.31 after the company reported better-than-expected Q2 EPS results.
- Block, Inc. (NYSE:SQ) rose 11.4% to close at $88.07 ahead of quarterly earnings, scheduled for release today.
- Shopify Inc. (NYSE:SHOP) rose 11.1% to close at $41.93.
- Atlas Air Worldwide Holdings, Inc. (NASDAQ:AAWW) gained 10.8% to close at $96.78 following a Monday Wall Street Journal report suggesting Apollo Global Management was in advanced talks to acquire the company. Additionally, Wolfe Research upgraded the stock from Underperform to Peer Perform.
- Ionis Pharmaceuticals, Inc. (NASDAQ:IONS) rose 10.3% to close at $41.02. Ionis Pharmaceuticals recently announced positive topline results of the Phase 2b clinical trial of fesomersen in patients with end-stage renal disease (ESRD) on hemodialysis.
- Unity Software Inc. (NYSE:U) surged 10% to close at $45.06 following Tuesday reports suggesting the company will spin off its China unit.
- Coupa Software Incorporated (NASDAQ:COUP) gained 9.9% to close at $75.36.
- PayPal Holdings, Inc. (NASDAQ:PYPL) rose 9.3% to close at $97.92 after the company reported better-than-expected Q2 results and raised FY22 EPS guidance.
- Paymentus Holdings, Inc. (NYSE:PAY) jumped 9% to settle at $18.11 following Q2 results.
